DJI FUTURES ....DJI FUTURES ....id this pattern is going to be happened we can see very much fall in our NIFTY/////
US30 trade ideas
US30 : 4 Hr chart shows Flag Breakout..4 Hr chart if US30 ( Dow Futures ) Suggest a flag pattern breakout consider as a trend continuation Pattern..
Dow JonesDow Jones... factoring in fed rate hike only in range.....
This range seems to be for few more trading sessions....
Have marked the range...
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US30 aka Dow jones at confluence of support.US30 is at a confluence of weekly support, the earlier resistance trendline being retested and now acting as a good support, also there is a horizontal supply zone.
Head and shoulders pattern @DJIA IndexIf Dow Jones Industrial Average Index(#DJI Weekly Log Chart) Close below Read Line(Head and Shoulders NeckLine) On Weekly Chart Than Head and Shoulders Confirm .
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
today candle is seriously crucial for US30its forming divergence in price action with RSI
as well as in daily TF formed Double Top if todays candle close is red than more power to TA for short confirmation with shorter Sl and favorable Targets.
Asses the risk before initiate Trades.
please refer to the chart.
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Dow Jones attempting a breakout or just fakingHello, Dow has been running in a downtrend channel since September 2021. For once, it broke out of the channel in January 2022 and made an all time high. Though this move couldn't sustain and the price started in the downtrend channel again. Dow looks bullish on close above the channel and a follow through..
If we take another trend line matching the tops from Jan, we find that the price is travelling above the trendline and has already retested the breakout..
